Post
Topic
Board Service Announcements
Re: [ANN] Hodl Hodl p2p exchange public BETA launch
by
timerland
on 28/02/2018, 05:18:17 UTC
Looks like a very professional project and extremely well thought out.

I think that the fact that Localbitcoins has recently made it a requirement for everyone that wants to advertise on their platform now makes it a lot easier for competitors such as you guys to enter the market. And to use multisig escrow, with support of other altcoins planned, I can see this going a long way to potentially overtake paxful if everything is done well.

It'll be hard to build a customer base that trusts you. These p2p exchanges require lots of trust, and people essentially use it as their wallet to store all their crypto. A new business can have a difficult time doing that. Also, gaining enough local users that actively advertise is gonna be hard, I searched and most of the offers are "anywhere" and aren't that appealing to someone using it locally.